HORIZONMarkets
01

Complete project overview

RERA Madhya Pradesh · Registration filing
Plots
20 plots
Quarterly reports
4 on file · latest Apr 2025 - Jun 2025quarterly progress certificates filed with RERA

Timeline

Project startedAug 2024
RERA registeredOct 2025
Proposed completionJul 2027
TodayJul 2026
02

Builder’s track record

RERA Madhya Pradesh · Promoter registration

MAHALAXMI REAL ESTATE

Partnership Firm / LLPPromoter type
1Projects
1City
2025–presentActive
Timelineevery project, start → promised completion
MAHALAXMI VIHAR COLONY

MAHALAXMI VIHAR COLONY

this project
Plotted Development
Aug 2024started
Jul 2027target completion
20 plots₹2.27 Cr

The only project Horizon has read from this promoter so far. Dates are the project’s start (where filed) and target-completion dates on the RERA filing; delivery isn’t reported here.

03

Location & price analysis

RERA Madhya Pradesh · Registration filing
District
Neemuch
Tehsil
Manasa
Planning area
Manasa
Address
Survey No.-315/3,315/2,338/1,338/2 at Village-Manasa Tehsil-Manasa, District-Neemuch M.P
What’s nearby
SchoolsNo schools within 2km
HealthcareHospital 92m away · 1 clinic within 1km
LifestyleNo parks within 2km
ShoppingNo supermarket within 2km
Getting around
Primary road 39 mNo metro or railway within 5kmBus stop within 1km
Water & environment
Water body 625 m
distances only — not a flood assessment
Price analysisdeclared build cost — not a sale price

₹2.27 Cr declared to build 20 plots. What that works out to:

₹11.35 Lakhdeclared cost per plotall-in — land + construction
12%of the cost is land

This is what the promoter filed it costs to build — land plus construction, at registration — not a sale price. The gap to an asking price is their margin, taxes and anything the filing doesn’t carry.

04

Planning authority

RERA Madhya Pradesh · Approved building plan

Manasa

Town & Country Planning (DTCP)
Layout Permitapproved 1 Oct 2025 · 9 mo ago
The occupancy certificate — the proof that isn’t here

A sanctioned plan is the government’s approval to build. It is not proof the project was built to that plan. That sign-off is the Occupancy Certificate (OC) — issued by the planning authority, the same body that approved the plan, not by RERA— and it isn’t in this record. Ask the builder for it, or check with the authority. Without an OC, banks may decline home loans, and any deviation from the sanctioned plan carries penalty or demolition risk.

The approving body, at scale

Manasa

Town & Country Planning area · Neemuch district

Has approved 14 RERA projects — 0.3% of Madhya Pradesh.

a plotted-layout market — 7% apartments · 93% plotted layouts. Your plotted layout is this body's core business.

Builders
11
On record
0 flats · 982 plots
Reach
2 tehsils
Since
2019

More layout-heavy than Madhya Pradesh overall — 93% plots here vs 72% statewide.

Volume and mix are context, not a verdict — a busier body isn’t a safer project. And this counts RERA-registered projects on Horizon’s record, not all construction.

What this record cannot tell you

  • Build quality — no filing records how well it was actually built.
  • Private disputes — only complaints escalated to the authority appear here.
  • What it will be worth — the record is the past; it does not price the future.
  • Complaints — RERA Madhya Pradesh does not publish a complaints register. This read cannot speak to them either way.